Student debtors refuse to pay back loans:
‘I’m not gonna feed this monster anymore’
New York Post,
by
Joshua Rhett Miller
Original Article
Posted By: AltaD,
11/19/2022 10:28:17 AM
Stick a fiscal fork in ’em: These student loan debtors are done.
As they contend with a second legal setback to President Biden’s estimated $430 billion student debt cancellation plan, some exasperated borrowers told The Post they won’t ever pay another penny toward their massive tabs — regardless of how it might impact their future finances. (Snip) Four distraught debtors, meanwhile, told The Post they’ll become student loan scofflaws amid widespread uncertainty and growing calls for Biden to extend the payment pause yet again.
Reply 1 - Posted by:
VietVet68 11/19/2022 10:31:24 AM (No. 1337628)
The entitlement mentality, it's something to behold.
30 people like this.
Reply 2 - Posted by:
nwcudagal 11/19/2022 10:33:59 AM (No. 1337631)
Quoting Judge Judy: "You ate the steak".
28 people like this.
Reply 3 - Posted by:
Northcross 11/19/2022 10:36:53 AM (No. 1337636)
Time to bring back debtor prisons.
30 people like this.
Reply 4 - Posted by:
DVC 11/19/2022 10:39:14 AM (No. 1337638)
"The world owes me!"
Fools don't realize that they are owed NOTHING by anyone. If they are lucky, they have parents who are sensible (many are not) and will help with at least love and good advice.
But, once they are adults and think they are owed support from other people's bank accounts, they are probably hopeless for their whole lives, although some figure it out and get their heads straight. That often takes a trip to the very bottom, with every thing failed and gone. Even then, many just can't figure out that they need to get job skills and a job.
15 people like this.
Reply 5 - Posted by:
Cindiana 11/19/2022 10:43:28 AM (No. 1337640)
I took a look at some of the reader comments as suggested by OP. See for yourself and have Kleenex at hand while reading all the angry sob stories from those who, on their own initiative, are refusing to pay back what they owe because they were promised relief. What a bunch of spoiled, self-entitled brats.
This is yet another insidious part of Hussein's plan to transform America. Who here didn't know that nationalizing student loans would create this monster?
23 people like this.
Reply 6 - Posted by:
Talk2 11/19/2022 10:43:44 AM (No. 1337641)
Snowflakes on parade!
13 people like this.
Reply 7 - Posted by:
Califedup 11/19/2022 10:45:34 AM (No. 1337643)
Where in the Constitution does it give any president the power to suspend payment on Student loans? Doesn't the Congress control this type of spending? Hey republicans in the House, how about you stand up and put a stop to this action by Dictator Biden and take back your powers as enumerated in the Constitution? Oh sorry, I forgot the republicans will do nothing as always.
As to these spoiled punks who say they would pay off their loans, yeah you got played by the Communist Death Democrats to vote for them but reality is the government will come after you with a vengeance to get their money back. In the end you will pay one way or the other.
Best of luck, lowers.
16 people like this.
Reply 8 - Posted by:
Highlander 11/19/2022 10:50:05 AM (No. 1337646)
Deadbeats should have their degrees revoked, rescinded, or cancelled. It is theft, whether they rob someone at gunpoint or skipped paying on a loan from taxpayers, it’s still theft.
26 people like this.
Reply 9 - Posted by:
moebellini3 11/19/2022 10:50:26 AM (No. 1337648)
Nothing more than a bunch of indoctrinated delusional fools. These are the people that steal mommy and daddy's money and feel they are owed it. Pure scum. And mostly democrats.
11 people like this.
Reply 10 - Posted by:
columba 11/19/2022 10:54:31 AM (No. 1337654)
Employer reasons for NOT hiring an applicant are many. Adding whether or not one repaid his debts should now be a part of the application process. (I kniew my PAID receipts would come in handy).
11 people like this.
Reply 11 - Posted by:
kono 11/19/2022 10:54:59 AM (No. 1337657)
Can we call Leftists "responsibility deniers"?
19 people like this.
Reply 12 - Posted by:
EJKrausJr 11/19/2022 10:56:52 AM (No. 1337658)
The Democrats have gotten what they wished for, a generation of do nothing, debtors. The generation of takers and the generation of slackers.
7 people like this.
Reply 13 - Posted by:
EQKimball 11/19/2022 10:57:13 AM (No. 1337659)
After a reasonable period of time, the collection of defaulted loans should be assigned to the IRS for enforcement. Let them fight with that monster.
22 people like this.
Reply 14 - Posted by:
LeeBertie 11/19/2022 10:58:46 AM (No. 1337662)
Cool. So long as they realize the consequences of not paying their debts and they are ready to accept the damage that they'll sustain by reneging.
But getting more to the root of the problem, let's protect the kids by declaring ALL student loans to be PREDATORY on their face and make college loans illegal.
Let future college students find other ways to pay for college.
12 people like this.
Reply 15 - Posted by:
Vaquero45 11/19/2022 11:00:17 AM (No. 1337664)
One guy actually admitted that the only reason he voted for Biden was to get his loans forgiven. He’s the one who went into hock for 25 grand to attend the “University of the People”... and of course, one of them is a teacher.
Morons.
11 people like this.
Reply 16 - Posted by:
southernboy 11/19/2022 11:03:05 AM (No. 1337665)
Just wait until the day the young fools try to finance a vehicle, a house or even buy a refrigerator at Lowes on time payment...and finds their credit rating at zero!
9 people like this.
Reply 17 - Posted by:
wilarrbie 11/19/2022 11:06:59 AM (No. 1337671)
#13 EXCELLENT suggestion for what those newly minted 87,000 armed IRS agents can dig right into. (after diverting a couple dozen to get right up the Biden family tailpipe as well).
6 people like this.
Former Twitter employees.
3 people like this.
Reply 19 - Posted by:
nh23847 11/19/2022 11:11:40 AM (No. 1337677)
The camels are on the horizon.
3 people like this.
Reply 20 - Posted by:
cold porridge 11/19/2022 11:19:03 AM (No. 1337684)
I think I'll start demanding reparations. If Biden is able to forgive these college loans then he should be forced to pay me back for paying for my own college education by working full time while still going to college. The problem is, I wouldn't actually want to stick other taxpayers with that, it was my choice to go to college. I agree with others above, these must be mostly democrats.
6 people like this.
Reply 21 - Posted by:
Philipsonh 11/19/2022 11:34:00 AM (No. 1337700)
Wait until these ignoramuses try to purchase car, a house, or get a credit card. Their FICo score will light up.
5 people like this.
Reply 22 - Posted by:
jerrodmason 11/19/2022 11:41:47 AM (No. 1337705)
That will give the 87000 new gestapi something useful to do.
3 people like this.
Reply 23 - Posted by:
Heil Liberals 11/19/2022 11:53:31 AM (No. 1337715)
From the NY Post comments section. It's too good to not copy and post.
NYU Ethan (he/him)
2 hours ago
I feel his pain. I’m currently about $100k in debt after my dad said he wouldn’t continue to fund my undergraduate degree after 4 years (now in my 6th year). I’m double majoring in music therapy and Aboriginal Culture Studies. I don’t have a lot of time to work between community organizing with BLM, handing out cell phones to migrants (bienvenidos inmigrantes!) and watching after my therapy dog Mx. Trotsky. Working is not a lifestyle choice compatible with my lived experience. It actually makes me feel unsafe.
It’s only fair that my student loans be forgiven and I offered a universal basic income from the traumas I have already suffered. Otherwise, I’m just not paying.
16 people like this.
Reply 24 - Posted by:
watashiyo 11/19/2022 11:56:36 AM (No. 1337723)
They all signed a Federal Student Loan Promissory Note to pay back what they borrowed.
5 people like this.
Reply 25 - Posted by:
downnout 11/19/2022 12:19:24 PM (No. 1337744)
#23 is some excellent satire!
14 people like this.
Reply 26 - Posted by:
LC Chihuahua 11/19/2022 12:21:15 PM (No. 1337746)
The amount of debt going on in this country, it is inevitable a significant portion of it will never be paid back. There are a lot of deadbeats out there. At that point, the only question that remains will be who will foot the bill.
Can our government make debt 'disappear'?
I am reminded of an incident I saw many years ago when I worked at a print shop. We took an order to print some ID cards. It should have raised red flags immediately and should have told the customer we don't do that sort of thing. Instead, we went ahead and printed the order. When it came time for payment, the guy wrote us a check, and we asked for his ID. He presented us with a card that looked very much like the ones just printed. Oh... We checked his bank account, and it was closed. The manager somehow made the invoice disappear, and never got caught. The owners made a point to account for every invoice. Don't know how the manager go away with that. We never took another order for ID cards after that.
2 people like this.
Reply 27 - Posted by:
paral04 11/19/2022 12:42:52 PM (No. 1337762)
They borrowed the money and HAVE to pay it back.
5 people like this.
Reply 28 - Posted by:
jimboscott 11/19/2022 1:01:18 PM (No. 1337774)
Proof once again that liberals simply do not have the cognitive ability to see the unintended consequences of their hare-brained policies.
What Biden will have created is not a bunch of people who are getting their loans paid off by tax collectors... but a new crop of financial losers.
I say... we need a system in which a default on a student loan works just like a default on an auto loan. You LOSE your degree. Not sure how to make that stick in the real world but it certainly seems right in my head.
That way there may be a boatload of Harvard professors with only high school educations.
1 person likes this.
Reply 29 - Posted by:
doctorfixit 11/19/2022 1:12:16 PM (No. 1337785)
The Deadbeat Student Debt Repudiation is a dress rehearsal for repudiation of the US national debt, which is inevitable. If you own government debt, you are a fool and a contributor to great evil.
3 people like this.
Reply 30 - Posted by:
czechlist 11/19/2022 1:33:54 PM (No. 1337794)
I would not put it past the current government to order lending entities to ignore student loan debt in the name if ESG. Taxpayers bailed out the banks before and we can be expected to do it again. Dirksen never knew what REAL MONEY is.
2 people like this.
Reply 31 - Posted by:
Daisymay 11/19/2022 1:41:07 PM (No. 1337796)
Not sure a College Education gives them the definition of Wage Garnishment. If they have a decent job, say as a Lawyer or a Doctor, they might want to think twice about refusing to pay their Loans. Garnishment will destroy their future borrowing say for a Home Loan or Car loan. NOBODY is going to give them ZIP if they have a record of Wage Garnishment. And, in the long run, they are still going to have to PAY or they will wind up in Jail!
2 people like this.
Reply 32 - Posted by:
NorthernDog 11/19/2022 2:03:49 PM (No. 1337805)
The colleges should have to cover the loans if the students fail to pay. That will force the colleges to trim their bloated administrative costs and be more discriminating about whom they enroll.
8 people like this.
Reply 33 - Posted by:
Venturer 11/19/2022 2:09:45 PM (No. 1337811)
They all know that nothing will be done to prosecute them for their indebtedness
0 people like this.
Reply 34 - Posted by:
Mr Clean 11/19/2022 2:45:27 PM (No. 1337830)
Fine. Don't pay back what you owe. You'll be assigned a negative credit score for the rest of your miserable life. Enjoy.
4 people like this.
Reply 35 - Posted by:
sterling431 11/19/2022 3:02:25 PM (No. 1337837)
Where was Biden while colleges & universities were continuously raising tuition spurred by increased enrollments? All caused by excess demand caused by the exhortation by the left that kids must have a college degree or they would not be able to get a good job. The colleges are sitting on hundreds of millions of dollars in Endowments. They couldnt care less whether a graduate actually gets a job. Read Charlie Kirk’s book The college scam. It’s a eye opener.
3 people like this.
Reply 36 - Posted by:
padiva 11/19/2022 3:19:22 PM (No. 1337845)
Will it make a difference when applying for or renewing a professional license? Real estate. Teaching . etc
2 people like this.
Reply 37 - Posted by:
3XALADY 11/19/2022 3:48:46 PM (No. 1337862)
Who didn't know, when during Obola's administration, the government taking over student debt that it would end like this. Previously banks were responsible and the loans had to be paid back.
1 person likes this.
Reply 38 - Posted by:
LeeBertie 11/19/2022 5:05:07 PM (No. 1337887)
#13 Re University of the People: "University of the People Our 100% online, tuition-free degree programs are designed to fit your life".
He took out a student loan to attend a "tuition-free" 100% online school?
1 person likes this.
Reply 39 - Posted by:
hisself 11/19/2022 5:05:40 PM (No. 1337888)
I was so impressed that I notified the banks I am done paying my car loans.
I enjoy walking everywhere. . .
3 people like this.
Reply 40 - Posted by:
watashiyo 11/19/2022 6:35:43 PM (No. 1337925)
The collection agency went after those students who defaulted but immediately wrote them off when they pulled the race card. Then Doorknob Hussein took over the student loan and the default rate shot up exponentially amongst the black. Incidentally, America's Cohort Default Rate went through the roof during the same Grifter in the WH.
1 person likes this.
Reply 41 - Posted by:
Safari Man 11/19/2022 6:47:23 PM (No. 1337932)
So if they can get away with out paying the debts to the federal government, why should I be paying my taxes?
3 people like this.
Reply 42 - Posted by:
mifla 11/20/2022 4:18:22 AM (No. 1338145)
Student debtors refuse to pay back loans: ‘I’m not gonna feed this monster anymore’
Sounds like a plan. I refuse to pay my taxes for the same reason.
3 people like this.
If flash mobs smash into any drug store nationwide with impunity, why not?
0 people like this.
Reply 44 - Posted by:
Kafka2 11/20/2022 3:24:34 PM (No. 1338660)
There is a word for people that feel they are entitled to stick working people with their debts - deadbeats.
0 people like this.
Reply 45 - Posted by:
Kafka2 11/20/2022 3:48:29 PM (No. 1338675)
For all other loans there is no excuse for not repaying them. Being a spoiled elitist brat or a fool should not absolve these deadbeats of the responsibility of honoring there debts. Those who don’t should not receive any help from the government ever again.
0 people like this.
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Best part of this story, NY Post readers sounding off on these deadbeats in the comment section.